Administrator Deloitte issued this statement about Bowen Travel Group going into administration.
"After exploring all possible avenues for the future of the group, it became clear that due to lack of funds it would be unable to continue to trade. As a result an orderly closure is being implemented. We are working hard to assist the 393 employees with generating claims through the Redundancy Payments Service. We are also seeking a sale for the assets of the group in order to retrieve as much value as possible for creditors."
"We are also working closely with Bonded Coach Holidays to assist impacted customers, ensuring that all are fully aware of the situation and next steps. Customers will receive a letter during the coming days providing information and advice for claiming for unfulfilled holidays. We are also seeking an alternative coach operator to fulfil forthcoming trips and ensure the absolute minimal disruption for holidaymakers."
More top news
Newark castle was bombarded with cannon fire this weekend as visitors flocked to the opening of the UK's first Civil War museum.
A mostly fine and dry day.
Drier and brighter today but becoming wet tonight.